The ministry of cooperatives, labor, and social welfare is planning to increase the contribution of cooperatives to the GDP from a current 5% to over 25%, Persian daily Forsat Emrooz quoted a…
Domestic Economy
During the first nine months of the current year (March 21-December 21), 12 trillion rials (over $342 million at market exchange rate) worth of contraband imported goods were seized, which…
Providing subsidies on important social services such as medical care, education, etc. together with a reliable system of ‘wealth and income distribution’ would be better alternatives to cash…
Machine made carpets have replaced hand-woven exquisite rugs in many Iranian homes due largely to the much lower prices and diversity of pattern, designs and colors. Iran produces more than 80…
The government says it has been successful in raising its revenues from taxes.
Investment budget for development projects in the next Iranian year (starting March 21) has increased by 16% compared with the current year budget, the head of the Iranian parliament’s development…
A team of businessmen from Austria's Steiermark Province met with officials from Tehran's Chamber of Commerce, Industries, Mine and Trade earlier this week to discuss economic relations between…
Iran should generate alternative income sources to offset its oil revenue loss as the tumbling oil prices are draining billions of dollars from the government’s annual budget, Yahya Al-Es’haq, the…
Historical review of government performance in Iran affirms that abundant oil revenues caused the administrations to become wasteful when it comes to productivity and self-assertive when it comes…
The volume of exported non-oil products since the Rouhani administration took office in August 2013 till November 2014 was slightly more than 121.3 million tons while the volume of imported…
The CEO of the Government Trading Cooperation of Iran (G.T.C), which is tasked by the government to be in charge of supervising the quality of bread in bakeries, says the organization would fine…
Iran exports poultry and fish to 10 countries, the deputy minister of agricultural jihad told Mehr news agency on Saturday. Iran produces a surplus of 10 thousand tons of white meat every month…
Iran exported $202 million of hand-woven rugs in the first eight months of the current year (March 21- November 21), as industry remains popular in foreign markets, Hamid Kargar, the head of Iran’…
Iran's Minister of Economy and Finance, Ali Tayebnia, says Tehran is eager to broaden economic relations with Kuwait, IRNA reported on Thursday.
He made the remarks in a meeting with Emir…
Aras Free Zone has absorbed $300 million in foreign investment thus far through discussions and endorsement activities carried out with the help of Iranian embassies in different countries,…
The fifth of January might go down in history as the day in which Iran’s ground breaking privatization process was delegitimized by the government itself. This day saw an outburst of criticism…
The price of bread, the staple food of most Iranian households, increased 30% about a month ago. However, in some cases, bread has been sold at prices higher than the level determined by the…
The value of retail exports of Iranian saffron reached $94 million in the first nine months of the current Iranian year (starting March 21, 2014), recording an increase of nearly 12 percent…
The government is planning to spend about 1.1 billion dollars (based on official exchange rate) on rural houses, Azizollah Mahdian, vice president for restoration and retrofitting of rural houses…
Iran is able to meet its domestic need of rice in the current year due to excessive import of the product during the past two years, Jamil Alizadeh Shayegh, secretary of the national Rice…
Iran’s minister of industries, mines and trade Mohammad Reza Nematzadeh and his Omani counterpart Ali bin Masoud Al-Sunaidy inaugurated an exhibition featuring Iranian products in Oman’s capital…
Head of Fisheries Department in Mazandaran province, Hassan Habibnejad, said on Tuesday that 361.9 kg of caviar, worth more than $314,000, were exported from the province in the first 9 months of…
The ministry of industries, mines and trade said on Tuesday that in the first eight months of the current year (end March 20), more than 253 million square meters of tiles were produced in Iran.It…
A group of cabinet and parliament members sat together in an unofficial gathering on Tuesday night to discuss the country's current economic issues; informed the Member of Parliament Kamalodin…
Outspoken, frank and informed minds have long warned against the threat of rampant corruption that is now damaging the integrity and social fabric of the country. Many have proposed ways to…
